AlCircle News Edited By "Debanjali Sengupta"
Debanjali Sengupta is a passionate content writer with 10 years of experience in Business writing, Web Content writing, Blogging, Editing and Research. She is responsible for generating and editing content for AlCircle Newsletter and other online and offline content for enhancing the brand value and its visibility among global users.
The US anti-dumping and countervailing measures on Chinese aluminium foil imports to remain effective
Last Friday, September 8, the United States International Trade Commission (ITC) agreed to roll out the first anti-dumping and countervailing sunset review of aluminium foil imported from China. The objective was to determine whether removing the existing anti-dumping and countervailing measures on Chinese aluminium foil imports would cause injury to the domestic industry. According to the final ruling, the existing anti-dumping and countervailing measures would remain effective, with all five ITC commissioners voted to ‘Yes’. On March 28, 2017, the Department of Commerce first announced an anti-dumping and countervailing investigation into imported aluminium foil from China. Less than a year later, on February 27, 2018, the US Department of Commerce put the duties into effect on Chinese...
China’s aluminium output exceeds 3.6 million tonnes in Aug’2023 on operating capacity recovery in Yunnan
China’s aluminium production continued to grow in August 2023 (31 calendar days), standing above 3.6 million tonnes, according to the Shanghai Metals Market survey. Data showed the output clocked at 3.623 million tonnes, registering a 1.54 per cent M-o-M growth from 3.568 million tonnes and a 3.9 per cent Y-o-Y hike. The daily average production in August 2023 was 116,900 tonnes, up by 1.56 per cent from 115,100 tonnes in the previous month. The impressive growth in China’s monthly output in August brought the country’s total production in the first eight months to 27.299 million tonnes – 2.8 per cent higher Y-o-Y. SMM survey also showed the liquid aluminium ratio rose modestly by 4.8 per cent year-on-year to 72.8 per cent in August 2023, with an increased proportion in northern and...
Novelis and Ball Corporation renew their partnership with an aluminium can sheet supply contract
Novelis Inc., a leading producer of rolled aluminium, announced on Monday, September 11, that it signed an anchor customer contract with Ball Corporation, promising to supply aluminium sheets for making cans in North America. With this contract and some others, Novelis' can sheet supply commitment from the new plant in Bay Minette, Alabama, has reached its capacity, underscoring high demand for the company's recycled aluminium beverage can sheet. The new plant is expected to begin its operations in 2025, creating up to 1,000 new jobs and adding 600,000 tonnes of finished aluminium goods capacity per year, primarily for the North American beverage container market. "Securing contracts for beverage can production capacity at Bay Minette two years before the plant is expected to be completed...
China’s alumina production reached 7 Mt in Aug’23 backed by capacity expansion and new operation release
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in August 2023 stood at 7.017 million tonnes, reflecting a month-on-month increase of 2.15 per cent from 6.869 million tonnes . Daily output also grew by 2 per cent to 226,400 tonnes, driven by new and expanded capacities and increased production due to market recovery. On a year-on-year basis, the monthly output in August rose by 2.6 per cent, bringing the total production from January to August to 52.69 million tonnes, up by 2.2 per cent Y-o-Y. By the end of August, China’s built and operating alumina capacities came in at 100 million tonnes and 82.74 million tonnes, respectively, with a national operating rate of 82.7 per cent. In Shanxi, the alumina operating rate rose to 73.2 per cent in...
Japanese ports accumulate 2.9% additional aluminium stocks in August 2023
Aluminium stocks at the three major Japanese ports - Yokohama, Nagoya, and Osaka increased by 2.9 per cent month-on-month to stand at 360,700 tonnes as of August-end, 2023, found Maruberni Corporation, a major Japanese integrated trading and investment business conglomerate. Aluminium stocks in Japan grew in August 2023, following a decline in the previous month by 1.09 per cent from 357,490 tonnes to 350,600 tonnes. However, on a year-on-year basis, Japanese aluminium stocks in August 2023 stood at 9.78 per cent or 39,100 tonnes lower than 399,800 tonnes. In August 2022, aluminium stocks at Japanese ports rose 9.8 per cent month-on-month from 364,000 tonnes. At Yokohama, aluminium stocks in August 2023 stood at 160,200 tonnes – 1.46 per cent higher month-on-month than 157,900 tonnes and...
China’s aluminium ingot inventories jump W-o-W to 517,000 tonnes, yet stand 23% lower Y-o-Y
On Thursday, September 7, China’s aluminium ingot inventories across eight major consumption areas amounted to 517,000 tonnes, registering a week-on-week hike of 24,000 tonnes from 493,000 tonnes, found the Shanghai Metals Market survey. However, from Monday, November 4, the inventories dropped by 2,000 tonnes, and from a year ago, the stocks plunged by 155,000 tonnes, marking the lowest level for this period in the past five years. The inventory fall in mid-week could be attributed to an enthusiastic consumption of primary aluminium among the downstream sector ahead of a traditional peak season. The predominant trend of high supply and low demand has somewhat weakened. However, the week-on-week hike in inventories was primarily contributed by Wuxi, followed by Nanhai, Shanghai, and...
ASI presents Performance Standard Certification to Ningbo Tuopu Group for aluminium casting, remelting/refining
Aluminium Stewardship Initiative has presented Performance Standard V2 (2017) Certification to Ningbo Tuopu Group Co., Ltd. under Provisional status. The certification is for the company's Light Alloy System 9th Unit in Ningbo, China, wherein it operates casting, semi-processing, aluminium remelting/refining and material conversion. Ningbo Tuopu Group Co. manufactures power chassis systems, trim systems, and intelligent driving control systems for the automotive industry, and is also engaged in research and development. Ningbo Tuopu received the certification after undergoing a stringent, independent, third-party audit carried out by TÜV Rheinland Cert GmbH. Since the audit occurred before May 31, 2023, the company acquired the Performance Standard V2 certification. The ASI Performance...
Sustainability recap: Alba, the first smelter from the Middle East to get newest version of ASI Certification; Hindalco to source renewable energy from Ayana
Sustainability has grown as a critical topic in the world aluminium industry, not for no reason. Every day and hour, the industry is witnessing substantial developments pertaining to sustainability. This week, three global aluminium companies bagged ASI certification, GenHydro allied with RPG Generate Group to generate abundant renewable energy, and Ayana Renewable Power signed a power purchase agreement with Hindalco Industries Limited. Aluminium Bahrain B.S.C. (Alba), as the first smelter in the Middle East, acquired the newest version of (V3) of Aluminium Stewardship Initiative's (ASI) Performance Standard Certificate, which was released in May 2023. Similar to previously earned ASI's Chain of Custody Standard Certification , this new certificate acknowledges the production and...
The Recycling Partnership’s aluminium collection grows threefold than expected with support from Alcoa and Arconic
The Recycling Partnership, a mission-driven NGO advancing a circular economy, has reportedly claimed that it collected 4.1 million pounds of post-consumer aluminium scrap annually for recycling and reduced 18,750 tonnes of greenhouse gas emissions, three times more than initially expected. According to the Recycling Partnership, recycling rates of aluminium and similar materials have increased but still leave room for improvement, for which it seeks upgraded sorting equipment and stimulating investments. The Recycling Partnership is persuading many companies and organisations to support their initiatives in developing a circular-economy in the aluminium packaging sector. Till now, the Can Manufacturers Institute, the Alcoa Foundation, and the Arconic Foundation have come forward to help...
China’s aluminium billet inventories accumulate 12,200 tonnes over a week to settle at 81,800 tonnes
On Thursday, September 7, China’s 6063 aluminium billet inventories across five major consumption areas totalled 81,800 tonnes, registering a week-on-week hike of 12,200 tonnes or 17.53 per cent from 69,600 tonnes, found the Shanghai Metals Market data. From Monday, September 4, the inventories on Thursday grew by only 1,800 tonnes. Foshan continued to be the main contributor to the billet inventories growth this week, followed by Huzhou and Wuxi. To know the current status of aluminium billet inventories in more detail, refer to the chart below: In Foshan, aluminium billet inventories increased by 4,100 tonnes week-on-week but dropped by 2,600 tonnes from Monday to stand at 45,200 tonnes, followed by the gain in Huzhou by 4,000 tonnes from a week ago and 2,000 tonnes from Monday to...
India Government to enforce Quality Control orders on aluminium sales
According to a recent report, India Government is bringing off Quality Control (QC) orders issued by the Ministry of Mines to contain poor-quality aluminium, copper, and nickel sales from December 2023. This measure will leave no choice for sellers but to offer those metals whose ratings are in line with the recommendations of the Bureau of Indian Standards (BIS). Jayanta Roy, Senior Vice President at ICRA Limited, said: “The proposed quality control order will lead to the elimination of sub-grade material imports, if any, which can potentially lead to a shortage of raw material for downstream producers, resulting in a hardening of product prices in the domestic market in the near term.” In March 2023, The Ministry, in consultation with the Bureau of Indian Standard (BIS), notified about...
The Italian Sea Group unveils the world’s largest aluminium sailing catamaran ‘ArtExplorer’
The Italian Sea Group (TISG), one of the largest companies in the international yachting industry, has reportedly launched the 46.5-metre aluminium catamaran, the largest in the world, named ArtExplorer. This water vessel is the first built under the brand Perini Navi since it's been acquired by TISG in late 2021. The yacht will make its first public appearance at the Monaco Yacht Show on September 27-30. The vessel will serve as a floating art gallery to showcase artistic experiences to the world. TISG has explained that the yacht's flybridge will host virtual exhibitions, workshops, and conferences, while the main saloon will house an art gallery. Both interior and exterior design of the yacht is done by French architect Axel de Beaufort, who has considered sustainability while...
Top 10 aluminium extrusion manufacturers in India leading the industry
Aluminium extrusion is one of the most popular forms of aluminium products used in various sectors for low-carbon green development. As a strong, lightweight, and infinitely recyclable metal, aluminium has been constantly gaining ground over the past few years for its unique applications in the building & construction sector and transportation. The drive towards achieving net-zero carbon emission and sustainability has further triggered the demand and consumption of aluminium extrusion in many countries, including India. AL Circle’s futuristic report titled ‘ Global Aluminium Industry Outlook 2023 ’ found the Indian aluminium extrusion demand was about 450,000 tonnes per annum in 2022, driven by the electrical and B&C sectors. The future growth is envisaged to happen in the solar power...
China’s domestic aluminium industry PMI records a fall of 1.5 percentage points but hovers above 50%
The Shanghai Metals Market survey found that in August 2023, the comprehensive PMI index of the domestic aluminium industry registered a fall of 1.5 percentage points M-o-M to 51.6 per cent, in line with the downtrend of production, demand, inventory and other indices. But despite the downfall, the PMI index hovered above 50 per cent for the third month in a row. The primary reason for the PMI index drop in August was the slower recovery of demand from different sectors than expected. The domestic aluminium producers scheduled their production reasonably, and most companies procured raw materials only on demand. PMI of aluminium products, including primary aluminium and secondary aluminium alloy also stayed above 50 per cent as the upcoming peak season brought slightly higher orders. Only...
Alba represents the Middle East as the first smelter to acquire ASI Performance Standard (V3) Certification
Aluminium Bahrain B.S.C. (Alba) has emerged as the first smelter in the Middle East to have acquired the newest version (V3) of Aluminium Stewardship Initiative's (ASI) Performance Standard Certificate, which was released in May 2023. The new certification is valid for three years, with effect from August 31, 2023. Alba has achieved the certificate following a rigorous on-site audit of its facilities. Similar to previously earned ASI's Chain of Custody Standard Certification , this new certificate acknowledges the production and marketing of primary aluminium from alumina, calcinations of petroleum coke, water desalination, anode manufacturing, smelting, casting, and captive power generation at Alba's calciner and smelter sites in Bahrain. On receiving the certification, Alba's Chief...
ASI acknowledges ALUMINERA EXTRUSION S.A. with Performance Standard V2 (2017) Certification
Aluminium Stewardship Initiative has presented Performance Standard V2 (2017) Certification to ALUMINERA EXTRUSION S.A. for extruding aluminium profiles in Barcelona facility, Spain. The plant integrates a die warehouse with a capacity for over 10,000 references. ALUMINERA produces aluminium profiles for a wide range of industries, including building & construction and automotive & railway. The facility has an estimated production capacity of over 12,000 tonnes per year. ALUMINERA received the certification after undergoing a stringent audit by a third-party firm DNV Business Assurance Services UK Ltd. Since the audit occurred before May 31, 2023, the company bagged a Performance Standard V2 certification. On receiving the certification, Pedro Jimenez Carmona, CEO at Aluminera Extrusion...
GE’s Jérôme Pécresse to join Rio Tinto as a new Chief Executive for the aluminium business
Rio Tinto Group, the world's second-largest metals and mining corporation, has appointed Jérôme Pécresse as the Chief Executive for the aluminium business. Jérôme Pécresse will join Rio Tinto on October 23, 2023, succeeding Ivan Vella. Jérôme will bring more than 30 years of experience in senior leadership roles in global mining and energy companies. He served General Electric (GE) as President and CEO for its Renewable Energy business since 2015 and directed a broad portfolio of business in hydropower, solar and storage, onshore and offshore wind, and electricity grid. Before GE, Jérôme worked with Alstom from 2011, leading the company's Renewable Energy business. Besides, he served a Paris-based global industrial minerals producer, Imerys, for 13 years in various roles and ultimately as...
Ma’aden to host the 25th edition of ARABAL this year on November 21-23 at Riyadh
The Arab International Aluminium Conference and Exhibition (ARABAL), the premiere-most event for the aluminium industry in the Arab world, is scheduled for November 21-23, 2023, at Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia. Ma'aden, a Saudi state-owned mining company, will host the 25th edition of the event under the theme "Aluminium: The Future from Mine to Space". The event will explore the future of the global aluminium industry, highlighting innovations and collaborations in the sector. Like every year, the event will bring together the industry leaders under one roof for learning, exchanging ideas & developments, and networking. Conversations will cover the industry's trending topics like supply chain security, technology adoption and decarbonisation initiatives, and the...
